kết quả dữ liệu bongdasoNews# 53 - China builds en masse ecommerce warehouses near Vietnam

kết quả dữ liệu bongdaso proliferation of e-commerce warehouses popping up near kết quả dữ liệu bongdaso Vietnam-China border, coupled with kết quả dữ liệu bongdaso explosion of cross-border e-commerce, is intensifying competition for Vietnamese goods.

With kết quả dữ liệu bongdaso emergence of giant warehouses, logistic facilities in China are being constructed en masse near kết quả dữ liệu bongdaso Vietnam-China border. An Chi (25 years old), kết quả dữ liệu bongdaso owner of an online leather goods store in Hanoi, expresses concerns about her business activities in kết quả dữ liệu bongdaso upcoming time due to these developments.

According to this small business owner, kết quả dữ liệu bongdaso appearance of these giant warehouses will facilitate rapid and easier access for Chinese goods to kết quả dữ liệu bongdaso Vietnamese market. While this might be good news for many buyers, for online businesses, Chinese goods can create competitive pressure and disrupt kết quả dữ liệu bongdaso domestic e-commerce market.

"Chinese sellers prioritize quantity, often lowering product prices significantly, even close to factory prices. For example, for kết quả dữ liệu bongdaso same style of leather wallet, they are willing to sell 20-40% lower than us. It's challenging for businesses to compete when profit margins are thinning," Chi complains.

kết quả dữ liệu bongdaso arrival of Chinese goods

Instead of having to rely on intermediary shipping companies between kết quả dữ liệu bongdaso two countries, kết quả dữ liệu bongdaso explosion of cross-border e-commerce has opened kết quả dữ liệu bongdaso door for Chinese sellers to flood leading Vietnamese e-commerce platforms like Shopee, TikTok Shop, or Lazada.

With superior logistics systems, goods can now be shipped from China to Vietnam in a much shorter time frame, comparable to delivery times from Ho Chi Minh City to Hanoi.

Pham Bao Trung, kết quả dữ liệu bongdaso Business Director at Metric, believes that kết quả dữ liệu bongdaso presence of warehouses near kết quả dữ liệu bongdaso border will stimulate kết quả dữ liệu bongdaso scale of Vietnam's e-commerce, thereby generating attractive revenue for sellers by expanding shopping space. This is also an opportunity for Vietnamese sellers to explore potential products and reach international customers.

Meanwhile, domestic consumers can easily access a diverse range of products in terms of variety, quality, and price. Improving delivery speed through border-adjacent warehouses also lays kết quả dữ liệu bongdaso groundwork for denser Chinese product offerings.

Applying technology to warehouse operations helps facilitating kết quả dữ liệu bongdaso rapid arrival of Chinese cross-border e-commerce orders in Vietnam. According to eMarketer, kết quả dữ liệu bongdaso cross-border e-commerce trend continues to explode worldwide, including in Vietnam. It is estimated that Vietnam's cross-border retail e-commerce revenue (B2C) will reach 11.1 billion USD by 2026 and may become kết quả dữ liệu bongdaso 5th strongest export industry by 2027.

Currently, Metric's data analytics platform shows that cross-border e-commerce revenue on platforms does not experience significant spikes but rather focuses on specific product categories. However, with advantages such as fast delivery speed, reasonable prices, and convenient return policies, kết quả dữ liệu bongdaso competitive potential of cross-border Chinese sellers is significant.

According to Dr. Do Quang Huy, an e-commerce expert and Director of Ecotop Company, delivery times from foreign online shops to Vietnam have significantly shortened. Conversely, domestic logistics operations still face frequent disruptions due to technological limitations and infrastructure.

"Some deliveries are delayed, even within Hanoi, taking 3-4 days to arrive. Some orders are canceled due to failure to deliver, while buyers receive no calls," Mr. Huy recounts.

kết quả dữ liệu bongdaso expert asserts that current transportation companies do not operate consistently. Some prioritize large partners and overlook smaller-scale sellers, forcing them to bring goods to post offices for shipping, resulting in additional "dead time."

Additionally, human involvement in kết quả dữ liệu bongdaso delivery chain also poses risks of congestion and overload if businesses experience fluctuations in personnel.

Holding kết quả dữ liệu bongdaso shares in domestic market

In a discussion with an expert in kết quả dữ liệu bongdaso fulfillment industry (handling orders), referred to as Mr. K.T - suggested not to disclose his name - stated that China not only grasps and controls technology but also has abundant, skilled, and innovative labor force. This factor enables kết quả dữ liệu bongdaso country to have a large output for experimentation, research, innovation, and trend creation.

Looking at kết quả dữ liệu bongdaso broader picture, kết quả dữ liệu bongdaso "logistics miracle" of China has a significant impact on Vietnam's economy as we share nearly 1,500 km of border with this neighboring country.

In kết quả dữ liệu bongdaso context where Vietnam still depends on raw materials, and even technology from China, kết quả dữ liệu bongdaso easy penetration of Chinese goods and kết quả dữ liệu bongdaso shift in Vietnamese consumer buying habits could significantly affect domestic industries such as textiles, and household goods.

Despite kết quả dữ liệu bongdaso immediate benefits, Metric representatives warn that without adaptation, small and unprofessional domestic sellers will likely be pushed out of kết quả dữ liệu bongdaso game.

In kết quả dữ liệu bongdaso view of this representative, kết quả dữ liệu bongdaso right direction for Vietnamese sellers at this time is to optimize internal capabilities, focus on product strengths to adapt to this wave, and survive and grow. For example, sellers can promote unique local products that are not available elsewhere, maintain consistent product quality, and build their brand image correctly.

"Clearly, we have many advantages in understanding kết quả dữ liệu bongdaso market and consumer tastes, as well as easy access to rapid and systematic market research tools," says kết quả dữ liệu bongdaso Metric Business Director.

On kết quả dữ liệu bongdaso other hand, e-commerce expert Do Quang Huy believes that apart from certain specialized products, it is difficult for Vietnam to export back to China due to too few competitive advantages.

"Chinese retail prices online are equivalent to prices imported by Vietnamese people. kết quả dữ liệu bongdaso D2C model (direct-to-consumer manufacturer supply) with kết quả dữ liệu bongdaso characteristic of bypassing distribution channels leads to heavy price discounts," says e-commerce expert Do Quang Huy.

Domestic sellers also cannot freely sell as before. In fact, many small retailers cannot compete in some product categories such as household goods, bags, wallets, etc., and have to switch to other industries.

To compete on kết quả dữ liệu bongdaso domestic front, Mr. Huy emphasizes that Vietnamese retailers, with their understanding of local culture and lifestyles, need to leverage kết quả dữ liệu bongdaso power of a large number of KOL/KOC (Key Opinion Leaders/Key Opinion Consumers) to direct users.

In reality, sellers can also capitalize on strong product lines such as agricultural products, organic cosmetics, or promote easily manufacturable products in Vietnam.

Furthermore, sellers should focus on design, leverage product strengths, build brand stories to build trust with consumers. Meanwhile, Vietnamese businesses should collaborate to leverage each other's advantages, engage in healthy competition, and grow together.

Source: https://znews.vn/trung-quoc-o-at-dung-tong-kho-tmdt-sat-bien-hang-hoa-viet-se-ra-sao-post1466068.html

Share this article